What is acceptable income on a Cashflow IP?

Discussion in 'Investment Strategy' started by P j T, 24th Jul, 2016.

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  1. Gypsyblood

    Gypsyblood Well-Known Member

    Joined:
    12th Dec, 2016
    Posts:
    522
    Location:
    Melbourne
    That ^^^ I now have a situation where if I sell the first house ever that I bought in Glenroy in 2015, I will have enough cash to pay off the mortgage on an IP I'm perfectly happy to live in, in meadow heights that I bought in 2016.

    I won't do it, but good to know I can!
     
    MTR likes this.